The government, which nationalised Anglo in 2009, liquidated the lender in February 2013 following an all-night sitting of the Oireachtas dubbed "prom night".

Some of the high-profile borrowers' details were provided by the IBRC to the State under a dedicated Relationship Framework document regulating dealings between the Minister for Finance and the bank after it was taken into state ownership.

The details of some -- but not all -- high-profile borrowers were given to the State, but only if the borrower's exposure had a significant public-interest dimension in terms of litigation or reputational issues that may have affected the bank or the State.

This included the State's handling of so-called legacy-debt issues arising from the bank bailout.

The Indo does not reference the source. Have they seen the document? Did they talk to a source that saw it? The whole thing could be fabricated out of whole cloth to scare some people into line for all we know...

The Indo does not reference the source. Have they seen the document? Did they talk to a source that saw it? The whole thing could be fabricated out of whole cloth to scare some people into line for all we know...

I believe that in the recent IBRC portfolio sales process (Evergreen etc.), one of the portfolios had a list of thousands of individual borrowers (not sure how many or the level of disclosure however the market was buzzing with various names pre Christmas).

I'm not sure if this portfolio was actually 'for sale' but I believe that it was produced for completeness in the valuation of the IBRC assets on their transfer to NAMA. I would bet that this is the source of the article as reported.

If this portfolio is sold, it would be for a huge discount (10-20 cents in Euro), a lot of which would be probably passed on to the borrowers in return for any reasonable repayment. It will be interesting to see if this happens (i.e. borrowers let off), or if it goes to NAMA (i.e. life of servitude).

If this portfolio is sold, it would be for a huge discount (10-20 cents in Euro), a lot of which would be probably passed on to the borrowers in return for any reasonable repayment. It will be interesting to see if this happens (i.e. borrowers let off), or if it goes to NAMA (i.e. life of servitude).

And this is what Nama was set up to do. The only people really interested in buying this debt are the owners of the debt. Watch them get refinanced by the state banks with one lot of debt to buy out their NAMA debts at a discount.

How'd'ya like them apples?

_________________"It is impossible to design a system so perfect that no one needs to be good."

If this portfolio is sold, it would be for a huge discount (10-20 cents in Euro), a lot of which would be probably passed on to the borrowers in return for any reasonable repayment. It will be interesting to see if this happens (i.e. borrowers let off), or if it goes to NAMA (i.e. life of servitude).

And this is what Nama was set up to do. The only people really interested in buying this debt are the owners of the debt. Watch them get refinanced by the state banks with one lot of debt to buy out their NAMA debts at a discount.

How'd'ya like them apples?

wasnt nama set up to keep the professional classes in dublin in highly paid work during a recession, where else would they have got such highly paid work?!